Boeing posted a first-quarter net profit of $1.22 billion, down 9% from net income of $1.34 billion in the prior-year period, and reaffirmed guidance that full-year 2016 revenue and commercial aircraft deliveries will be slightly down from 2015.
Florida-based ultra low-cost carrier (ULCC) Spirit Airlines reported a first-quarter net profit of $61.9 million, down 10.1% from net income of $69 million in the 2015 March quarter, as the airline continues to make adjustments under a new CEO.
Lufthansa Hub Munich CEO Thomas Winkelmann told ATW he believes the new satellite facility at Munich Airport, which began operations Tuesday, will better position Lufthansa in the global aviation competitive market.
Russian airlines carried 5.8 million passengers in March, down 2.7% year-over-year (YOY), and 16.5 million passengers in the first quarter, down 2.8% YOY, according to Russia’s Federal Air Transport Agency, Rosaviatsia.
Japan’s All Nippon Airways (ANA) low-cost subsidiary (LCC) Vanilla Air has taken delivery of the first of three new Airbus A320-200s from Singapore-based lessor BOC Aviation.
New York-based JetBlue Airways reported a first-quarter net profit of $199 million, up 45.6% over net income of $137 million in the prior-year period, as revenue increased 6.1% year-over-year to $1.62 billion.
Grupo Aeromexico reported first-quarter net income of MXP161 million ($9 million), down 12.6% from a net profit of MXP185 million in the year-ago period.
New York-based JetBlue Airways president and CEO Robin Hayes has confirmed publicly for the first time that JetBlue was the rival bidder for acquiring Virgin America, which has entered into an agreement to be purchased by Seattle-based Alaska Air Group.
Halifax-based Chorus Aviation, the parent of Canadian regional carrier Jazz Aviation, has placed a firm order for five Bombardier CRJ900s valued at $229 million at list prices.
Lufthansa has canceled 895 (40%) out of 1,500 flights for Wednesday, April 27, as a result of a strike called by German public services trade union Verdi.
In a story posted on ATWonline.com April 25 about an investigation into the crash of a Swedish West Atlantic CRJ regional jet, the headline mistakenly said it was a WestJet crash. WestJet is a Canadian airline; it does not operate CRJs and has no connection with West Atlantic.
Airbus has delivered the first aircraft built at its US manufacturing facility, an A321 designated for New York-based JetBlue Airways at a ceremony at its Mobile, Alabama A320 family final assembly plant.
Ultra low-cost Mexican carrier Volaris reported 2016 first-quarter net income of MXP602 million ($34.4 million), up 96.7% from a MXP306 million profit in the year-ago period.
Airbus has delivered the first aircraft built at its US manufacturing facility, an A321 designated for New York-based JetBlue Airways. The aircraft was produced at Airbus’s Mobile, Alabama A320 family final assembly plant.
Russian airlines carried 78,400 passengers in the first quarter through the commuter subsidy program, more than doubled from 29,800 passengers in the year-ago period.
FAA is ordering modifications to certain types of GE Aviation GEnx-1B engines powering Boeing 787s, as well as revised guidance to pilots operating 787s, in order to mitigate possible “engine damage due to fan ice shedding.”
The Indian Directorate General of Civil Aviation (DGCA) has issued an advisory that it could change regulations to allow aircraft up to 18 years old to be imported into the country.
